The stock is getting beaten down in rising rate/collapse environment. Great timing to be trying to raise cash. $75M, plus the better erase their debts as rates will continue to rise until the dollar breaks... imo.

They need to prove they can balance their books and turn profits. Focus on the financials and deliveries and more orders until they are running three shifts out of Mississauga.

https://www.thegatewaypundit.com/2022/10/newly-sworn-alberta-premier-danielle-smith-says-unvaxxed-people-discriminated-group-ever-witnessed-lifetime/

Just saw a ray of hope for Canada coming out of Alberta, and the timing of a US plant is good to help open Canada back up for business and end the covidiot nonesense.

Hope Electrovaya Directors stop forceing injections upon themselves and their employees to have a job with electrovaya.